Lomé - Union Togolaise de Banque
city | Lomé |
RESOLUTION OF BOARD OF DIRECTORS | 30.10.1963 |
OPENING | 1964 |
CLOSING | 06.1994 |
description | Fourth commercial bank in the State, Union Togolaise de Banque was a joint stock company incorporated in Togo, which in 1964 5took over from the Togo branch of the nationalized Franch Crédit Lyonnais. Its capital of 130 million CFA francs was divided between the Republic of Togo (35 per cent), the parent bank Crédit Lyonnais (35 per cent), the Deutsche Bank (18 per cent) and the Banca Commerciale Italiana (15 per cent). This pattern of mixed domestic and foreign shareholders was common to all the former branches of the Crédit Lyonnais in the countries of French-speaking Africa. The Union Togolaise de Banque had three permanent branches (at Lomè, Atakpamé and Palimè) and one non-permanent branch (at Lomè-Port). In 1994 the stakes of BCI was transferred to Republic of Togo. |
BIBLIOGRAPHY | ASI-BCI, VCA; October 30, 1963; vol. 42, pp. 259-260 |
other banks in the same country | Dakar - Union Sénegalaise de Banque Libreville - Union Gabonaise de Banque Abidjan - Société Ivoirienne de Banque Brazzaville - Banque Commerciale Congolaise Cotonou - Société Dahoméenne de Banque Kinshasa - Société Financière de Développement (SOFIDE) N'Djaména - Banque Tchadienne de Crédit et de Dépôts Yaoundé - Société Camérounaise de Banque |
see in the map |